Swarajya Logo
Swarajya Logo
Politics States Economy Society Business Culture Infra Defence World Books Ideas Science Technology Heritage Archives Legal Movies Sports
  • Our Views
    Politics States Economy Society Business Culture Infra Defence World Books Ideas Science Technology Heritage Archives Legal Movies Sports
  • Magazine
  • Store

About Swarajya

Swarajya is a publication by Kovai Media Private Limited.

Swarajya - a big tent for liberal right of centre discourse that reaches out, engages and caters to the new India.

editor@swarajyamag.com

Useful Links

  • About Us
  • Subscriptions Support
  • Editorial Philosophy
  • Press Kit
  • Privacy Policy
  • Terms of Use
  • Code of Conduct
  • Plagiarism Policy
  • Refund & Cancellation Policy

Useful Links

  • About Us
  • Subscriptions Support
  • Editorial Philosophy
  • Press Kit
  • Privacy Policy
  • Terms of Use
  • Code of Conduct
  • Plagiarism Policy
  • Refund & Cancellation Policy

Participate

  • Contact Us
  • Write for us
  • Style Guide
  • Jobs

Stay Connected

  • Artboard 2 Copy 6Created with Sketch.
    Artboard 2 Copy 10Created with Sketch.
    Artboard 2 Copy 7Created with Sketch.
    Artboard 2 Copy 9Created with Sketch.
  • Andriod Logo
  • IOS Logo

Business

Air India, AI Express, Alliance Air Incurred Loss Of Rs 17,032 Crore In April 2020-December 2021 Period: Govt

PTIThursday, March 31, 2022 1:58 pm IST
An Air India flight (Pic Via Wikimedia Commons)
An Air India flight (Pic Via Wikimedia Commons)
An Air India flight (Pic Via Wikimedia Commons)

New Delhi, Mar 31 (PTI) Air India, Air India Express and Alliance Air suffered a total loss of Rs 17,032 crore between April 2020 and December 2021, Civil Aviation Minister Jyotiraditya Scindia said in the Lok Sabha on Thursday.

He said the highest loss was incurred by the now privatised Air India with Rs 9,373 crore loss in 2020-21 and Rs 6,927 crore in 2021-22 (upto December 2021).

Air India Express incurred Rs 184 crore profit in 2020-21 and Rs 161 crore loss in 2021-22 (till December 2021), he said during the Question Hour.

The minister said Alliance Air's loss was Rs 440 crore in 2020-21 and Rs 315 crore in 2021-22 (till December 2021).

Air India and Air India Express were taken over by the Tata Group early this year.

(This story has been published from a wire agency feed without any modifications to the text. Only the headline has been changed.)

Tags
Air India
Jyotiraditya Scindia
Alliance Air
AI Express

Comments ↓

An Appeal...


 

Dear Reader,

 

As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.

 

Our business model is you and your subscription.  And in challenging times like these, we need your support now more than ever.

 

We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.

 

Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.

Get Swarajya in your inbox.


Magazine


Swarajya Magazine Cover Image
Merchandise

Merchandise


    Politics

    Tamil Nadu Dashboard: Cyclone Michaung Causes Heavy Rains; Udhayanidhi's Remarks On Sanatana Dharma Blamed For Congress Defeat

    Tamil Nadu Dashboard: Cyclone Michaung Causes Heavy Rains; Udhayanidhi's Remarks On Sanatana Dharma Blamed For Congress Defeat

    Swarajya Staff
    16h

    Lalduhoma, The Ex-IPS Officer Who Scripted A Spectacular Win For His Party In Mizoram

    Jaideep Mazumdar
    16h

    Mamata Banerjee, Akhilesh Yadav Blame Congress' Losses To Absence Of Seat-Sharing Among INDI Alliance Parties

    Nishtha Anushree
    17h

    Economy

    Sensex, Nifty Close At All-Time High After BJP Victories In Three States, Record Surge Of Over 2 Per Cent

    Sensex, Nifty Close At All-Time High After BJP Victories In Three States, Record Surge Of Over 2 Per Cent

    Nishtha Anushree
    17h

    Textile Industry In Tamil Nadu Affected By Increased Competitiveness Of Other States; High Cost Of Power And Labour Among Reasons: Report

    Swarajya Staff
    3d

    Sorry, Cassandras. India's GDP Could Well Top 7 Per Cent In Fiscal 2023-24

    R Jagannathan
    4d

    Defence

    On This Day, In 1971, Indian Air Force Struck Pakistani Installations For The Second Straight Day, Setting Stage For Historic Naval Raids On Karachi

    On This Day, In 1971, Indian Air Force Struck Pakistani Installations For The Second Straight Day, Setting Stage For Historic Naval Raids On Karachi

    Ujjwal Shrotryia
    14h

    IAF's Mighty 'Mi-26,' Able To Lift Chinooks, Set For Overhaul With Russian Help

    Ujjwal Shrotryia
    19h

    Two Pilots Killed In Training Aircraft Accident, Indian Air Force Orders Inquiry

    Swarajya News Staff
    22h

    World

    Chinese Economic Crisis Deepens As Debt Defaults Reach Record High

    Chinese Economic Crisis Deepens As Debt Defaults Reach Record High

    Swarajya Staff
    19h

    How Recent Fighting In Myanmar Is Making China Nervous

    Swarajya Staff
    22h

    Hamas Leader, Who Virtually Addressed A Pro-Palestine Rally In Kerala In October, On Israeli Spy Agency's 'Kill List': Report

    Swarajya Staff
    3d

    Culture

    'Animal': Sandeep Reddy Vanga 2 – Liberals 0

    'Animal': Sandeep Reddy Vanga 2 – Liberals 0

    K Balakumar
    3d

    Why The Insidious Anti-Hindu Communalism Of Certain Directors Goes Scot-Free

    Anonymous Contributor
    3d

    Napoleon Film Review: Ridley Scott’s Waterloo

    Venu Gopal Narayanan
    3d
    States

    infrastructure


    Arun Kumar Das
    1

    Ude Desh Ke Aam Nagrik (UDAN): Over 130 Lakh Passengers Have Availed Benefits Of Scheme So Far; Rs 1,000 Crore Allocated For Phase-2

    2 Mins Read
    Arun Kumar Das
    2

    Indian Railways Gears Up For Cyclone Michaung, Emergency Control Cell Activated

    3 Mins Read
    V Bhagya Subhashini
    3

    Madurai Metro: CMRL Awards DPR Consultancy Contract, Report To Be Ready By June 2024

    2 Mins Read
    V Bhagya Subhashini
    4

    Uttarakhand's Infrastructure Boost: Centre To Build Six Rail Over Bridges With Rs 193 Crore Under Setu Bandhan Scheme

    2 Mins Read